What Tax Bracket Am I In 2024 Usa. The tax cuts and jobs act (tcja) made many significant, but temporary, changes to the individual income tax code to lower tax rates, widen brackets, increase. You pay tax as a percentage of your income in layers called tax brackets.
You pay tax as a percentage of your income in layers called tax brackets. For tax year 2024, the top tax rate remains 37% for individual single taxpayers with incomes greater than $609,350 ($731,200 for married couples.
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